ILAB 94 – Why We Invest, Financial Freedom, and Selecting Base Locations

“I came from a middle-class background and worked my way up.”

Zach

Zach, Sam’s new road trip buddy, is a nomad who recently had a successful 9 figure exit from a business he co-founded and is now on the quest of finding the perfect lifestyle. He loves kite surfing, wandering the ocean, and experiencing freedom. After hist big exit, he went on the process of learning new skills which eventually led him to discover his real passion.

During the episode, Zach, Sam, and Johnny talk about investing not with money, but with time and knowledge. If we have achieved our financial goal, what then? They discuss what financial freedom really means and what the perfect lifestyle is for each one of them. For expats who love traveling, where in the world would they want to settle? The journey to finding the life you dream of takes time, money, and knowledge. Listen in and learn some tips on how to be financially free and become truly happy.

Listen to ILAB 94 on iTunes here or subscribe on your favorite podcast app.

ILAB 94 Show Notes


Where we are:

Zach & Sam – Columbia

Johnny – Bulgaria

 

Discussed:

ILAB 23 – From $0 to Self Made, How to 300X Your Investment

 

Recommended:

ArtofFX – start with just a $10,000 account (reduced from $25,000)

Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK)

Wealthfront – get your first $15,000 managed free

 

Time Stamps:

06:30 – The Road Trip

10:50 – The process of choosing his lifestyle

15:05 – Chasing after the dream

19:34 – Setting up a place in the US

21:57 – The Ideal life set up

24:28 – His top 5 places to settle

46:36 – What does financial freedom mean?

49:26 – Goal to financial freedom

52:15 – Managing money and happiness

55:16 – When to stop worrying about money?

1:01:48 – Selecting two base locations in the world

1:06:42 – Financial Freedom: Then, Now, and in the Future

 

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Copyright 2017. All rights reserved. Read our disclaimer here.